Atlanta Beltline Inc. filed paperwork last week outlining a $270 million plan to develop affordable housing on a 31-acre site near Westside Park.
According to the Atlanta Journal-Constitution, the Beltline acquired 425 Chappell Rd. three years ago for nearly $26 million. The Beltline’s plan includes 1,100 residences on the site, with nearly a third reserved as affordable housing, plus 5,000 square feet of commercial space.
“(The Beltline) has worked closely with the city of Atlanta to develop a master plan for both (425 Chappell Rd.) as well as the city of Atlanta’s (30-plus) acres of land adjacent to the site,” Dennis Richards Jr., vice president of housing policy and development for the Beltline, said in an email to the AJC. “We also worked to ensure plans for the site include connectivity with Maddox Park, the Bankhead MARTA station, the Atlanta Beltline and the Proctor Creek Greenway.”
The Beltline bought the land in 2021 from developer Brock Built Homes after its plan to build 450 apartments and 242 townhomes didn’t pan out. However, Beltline officials told the AJC their vision would take inspiration from Brock Built Homes’ plan, but it probably would include more density and a focus on affordable housing.
More details about the project can be seen in the Development of Regional Impact filing listed at the Georgia Department of Community Affairs.
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